Arvada CO Homes $150-200,000 November 2011

What this report tells you: Days on market have gone up consistently over the past 2 years in the month of November for Arvada homes in this price range, I can't really tell you why. Short sales can skew this number greatly but the number of short sales has remained pretty static. Perhaps it's a factor of the large number of homes for sale right now, so buyers feel there's no need to rush.

Click this link to see Arvada Home Sales in the other price categories.

The following information was obtained from Metrolist on December 1, 2011. This report includes only detached single family Arvada homes that sold between $150,000 and $200,000 in November 2011.

To see reports on other price categories of Arvada home sales in November, 2011 click here: Arvada home sales November 2011

• 26 Arvada homes sold in November 2011 between $150-200,000, with 63 median days on market. 7 were foreclosures, 3 were short sales, for a 38% rate of distressed sales.

Arvada homes that sold between $150-200,000 in November 2011 were found in the following neighborhoods:

Lamar Heights Parkway Estates North Arvada Park

Ralston Park Vetting Club Crest

Olde Town Arvada Maplewood Koldeway

Scenic Heights Far Horizons Lynnrick

Lake Arbor Heritage Valley Allendale

Tannehill Falbo Estates Arlington Meadow

Ralston Valley

• 2010 saw 18 Arvada homes sell during November between $150-200,000, staying on the market for a median of 49 days. 7 of these were foreclosures, 2 were short sales; that's a 50% rate of distressed sales.
• 2009 saw 29 Arvada homes sell during November between $150-200,000, staying on the market for a median of 27 days. 7 of these were foreclosures, 3 were short sales, for a 34% rate of distressed sales.

Currently, there are 67 Arvada homes for sale between $150-200,000, and 36 under contract.

Of the 67 that are for sale, 16 are short sales and 17 are foreclosed properties. A 49% rate of distressed homes for sale.

If you would like any more details or to see any of these Arvada homes for sale, please contact me asap.

Of the 36 currently under contract, 13 are foreclosures and 3 are short sales; a 44% rate of distressed sales.

(I'm using the term 'distressed sales' to refer to short sales and foreclosures. A 'regular' sale may also have been 'distressed' in the sense that the home was in need of major work.)

Click this link to see Arvada Home Sales in the other price categories.

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I write posts on real estate issues and local events in the Denver metro area, especially those *communities between Denver and Boulder, as a public service. My hope is to give people an idea of the ‘flavor’ of our community, in case they’re new or moving to the Denver area.

I am a residential real estate agent, happily helping folks buy a house or sell a house in the beautiful and friendly *suburbs northwest of Denver. *Arvada, Broomfield, Lafayette, Louisville, Superior, Westminster; also Thornton, Golden, Wheat Ridge, Northglen, Lakewood

Read more about Arvada Colorado, a historic small town between Denver and Boulder.

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Copyright © 2011 Joetta Fort, Broker Associate, Equity Colorado